Resource Estimation

Resource estimation is the process of evaluating and predicting the quantity and quality of resources available in a particular location or project. This could refer to natural resources like minerals or oil, or project resources such as time, money, and manpower. The process involves collecting data, analyzing it, and using models to forecast how much of a resource exists and how it can be obtained or utilized effectively. Accurate resource estimation is crucial for planning, decision-making, and ensuring sustainable management of resources in various sectors such as mining, construction, and environmental management.